Thunderstruck Resources Ltd. announced the conclusion of Thunderstruck's earn-in agreement (the "Agreement") with Japan Oil, Gas and Metals National Corporation ("JOGMEC") on the Company's Korokayiu VMS prospect in Fiji. Thunderstruck and JOGMEC announced on February 28, 2019 a joint venture agreement to explore Thunderstruck's Korokayiu base metals asset, with CAD 3.5 million in exploration expenditures by JOGMEC to earn 70% of the Company's zinc/copper prospect. In the past three years, Thunderstruck has completed 1.6 km of diamond drilling across 16 holes at Korokayiu.

Highlights of this drilling program include 11m at 13.77% Zn, 2.94% Cu, 113.7 g/t Ag, 1.08 g/t Au and 10.55m at 9.51% Zn, 54.5 g/t Ag and 0.48 g/t Au. Additionally, mapping, geophysical and geochemical surveys have expanded existing targets and identified new targets for drilling at seven new sites over a seven-kilometer strike area. These new targets include significant soil geochemical anomalies up to 21.84 g/t Ag, 0.96% Zn and 0.41% Cu.

Despite the encouraging results from the program, JOGMEC has determined that there is insufficient data to establish a mineral resource within the allocated time frame to currently justify a formal joint venture. JOGMEC has surrendered its option to acquire 70% of the Korokayiu prospect, which now returns to Thunderstruck as a 100% wholly-owned exploration license. Thunderstruck will retain all of the geological, geochemical, and geophysical data collected during the three years of exploration.